123 E Michigan Street New Carlisle, IN $ 270,000
123 E Michigan Street
$ 270,000
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123 E Michigan Street

New Carlisle, IN, 46552
$ 270,000
Bedrooms-- Baths1.0 Sq 6,608

Monthly Estimate*

$ 1,662

123 E Michigan Street, New Carlisle, IN 46552 - Image 1
123 E Michigan Street, New Carlisle, IN 46552 - Image 2
123 E Michigan Street, New Carlisle, IN 46552 - Image 3
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Commercial Property for sale in New Carlisle, IN

for $270,000 with 1 full bath. This 6,608 square foot building was built in 1889 on a lot size of 0.12.

Rare Opportunity! Well established hardware store located in Historic Downtown New Carlisle. This property is one of the largest retail shops in the downtown business district with many possible uses. Or you can move right in and take over the existing business. The property includes 5,360 sf of retail space, plus additional retail space in the full basement. The upstairs has a plenty of space for excess inventory complete with an elevator for easy access. Lumber, concrete and a variety of other building materials are located in a 52x24' pole building that features 2 parking spaces. There is also a 2-bedroom 1 bath apartment that is currently rented to a long-term tenant. Buildings and business will be sold separately or combined.

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Commercial Active

Price

$ 270,000

Full Bath

1

Property Type

Commercial

Taxes

$ 8,330

Style

Retail

Lot Size

0.12

Year Built

1889

Town/City

New Carlisle

County/Region

St Joseph

MLS | Web ID

202532256

Features
General
Heating Gas Forced Air
Cooling Central Air Wall AC
Ceiling Height 10'
Roof Rubber
Parking Yes Public Street
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 1
Year Built 1889
New Construction No
Subdivision None
Stories Count 2
Township Olive
Class COMMERCIAL
Present Use Vacant-Best for Owner/Usr Bus. Included w/Property
Type Retail
Age 136
Inside City Limits Yes
Special Features 110 Volts Freight Elevator Living Space Overhead Door 1 Office Space Public Restrooms
REO No
Status Detail 0
Area St. Joseph County
Location Commercial Historic District
City New Carlisle
Legal Description LOT 96 38 FT E SIDE O P NEW CARLISLE
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202532256
Agent First Name C. Frank
Agent Last Name Robinson
DOM 158
Tax Year 2023
Restrictions None
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Exterior
Road Access City
Exterior Brick Wood
Driveway None
Number of Parking Spaces 2
Lot Size Area 5016
Lot Dimensions 38X132
Parking Type Private
Fence None
Water Features None
Waterfront Y/N No
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Interior
Flooring Mixed Vinyl Tile
Basement/Foundation Daylight Full Basement
Walls Wood Other
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* Excluded Features
List By
C. Frank Robinson

Listing Agent

Re/Max County Wide 1St

Broker

frank@robinsonappraisals.net

Email

Affordability Calculator

$2,357
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$694
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$270,000 -5.26% Price Down
8/14/2025$285,000 Listed Price

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123 E Michigan Street, New Carlisle, IN, 46552 is a Commercial Property for sale at $270,000 with 6,608 sqft and a lot size of 0.12. 123 E Michigan Street has 1.0 baths and was built in 1889. The property's zip code is 46552 which is in New Carlisle, IN